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RESOLUTION NO. 1251 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, I.C. 6 -1.1- 12.1 -20) provides that an application for real property tax <br />deduction may not be approved when the property is located in an allocation area as defined <br />in I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation <br />area adopts a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition for ten years of <br />real property tax abatement consideration from Midwest Embroidery Developers Limited <br />Partnership, for real property located at Toll Road Industrial Park, Lot 15 in the Airport <br />Economic Development Area, the legal description of which is attached hereto, marked <br />Exhibit "A" and incorporated herein; and <br />WHEREAS, this Commission declared the Airport Economic Development Area by <br />Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the <br />Airport Economic Development Area, Allocation Area No. 1; and <br />WHEREAS, the property located at Toll Road Industrial Park, Lot 15 is located <br />within the Airport Economic Development Area, Allocation Area No. 1; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from Midwest Embroidery Developers <br />Limited Partnership, for ten years of real property tax abatement consideration for property <br />located at Toll Road Industrial Park, Lot 15 in the Airport Economic Development Area, <br />Allocation Area No. 1, is hereby approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to <br />indicate the Commission's approval of the petition for real property tax abatement for <br />Midwest Embroidery Developers Limited Partnership. <br />Approved this 20th day of May, 1994, at the regularly scheduled meeting of the South <br />Bend Redevelopment Commission. <br />I.tiMM *" <br />Theo F. Sharp/, Secre <br />ML:Res1251 <br />Im <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />1,3 <br />Paula N. Auburn, President <br />